I don't have any long term holds, before today. Planning to add some more gold stocks to build a 10-15% portfolio for multi-year hold. I want such stocks that won't go down hard even if big upside for POG doesn't pan out as many( including me) believe is possible.
I appreciate your postings on Gold & PMs. ===============================================================
Hi again, While nobody can promise you that there is a limited downside risk of any PM stock if the PoG doesn't pan out as we think it should, I do believe that the stocks I've been highlighting here for ages are still among the very best when considering their long term potential. Personally, I think they will be multi-baggers from current levels if allowed to mature.
In my view, that most of them have recently been pummeled with the drop in the PoG only adds to their appeal when considering their improved risk to reward metric.
The following post lists what I feel are the most promising PM stocks in my portfolio. The only addition to the 'list' would be Nova Gold (NG).
Good luck to you. ===============================================================
"Though most of these miners/explorers have had a really nice run in the past year or so, I believe the following gold/silver/copper miners still offer considerable upside potential for investors who have a medium to long term view of the PM market. How they will perform in the near future, however, is little more than conjecture and, ideally, should be purchased during periods of weakness.
In no particular order........ here are fifteen that are still relatively inexpensive.
US issues
GBN WHT EGO NXG WTZ GSS CAU BGO GRZ MNG CDE
Canadian issues
SUR.V CKG.V SML.V GGY.V
=============================================================== Most of my recent additions have been on the Toronto Venture Exchange and if your broker can trade there, I would suggest you also consider MAI.V, GYD.V, GUY.V, along with the others.